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* Mines minister confirms ban will be fully enforced * Says miners will get three months to allow them adjust * Government to discuss power supply issue with mining firms By Risa Maeda TOKYO, May 17 (Reuters) - Democratic Republic of Congo (DRC) expects its ban on the expo
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After a subdued start, the FTSE 100 pushed into positive territory ahead of the opening bell in New York with financials leading the rise after a broker upgrade. The Footsie breached the 6,700 mark yesterday for the first time since mid-2007 after 10 consecutive sessions in the blue, before falling
Read moreInsurance group Aviva, was leading the risers after it said it is delivering on its turnaround strategy. The company's pro-forma value of new business, a key measure of its growth, was up 18% in the first quarter at £191m from £162m the year before, driven by improved profitability in UK life insu
Read moreThe FTSE 100 was continuing to trade within an extremely tight range on Thursday morning as investors consider how much further the rally will go given that the index is already trading at levels not seen in five and a half years. Just 15 points separated the Footsie's intraday low (6,693) and hig
Read more* Founders still hammering out financing, consortium-sources * ENRC likely to agree to delay - sources By Clara Ferreira-Marques LONDON, May 13 (Reuters) - A trio of founding investors considering a buyout of London-listed Kazakh mining group ENRC is expected to ask regulators
Read moreSir Win Bischoff, the Chairman of Lloyds since September 2009, is expected to announce his resignation ahead of Thursday's shareholder meeting as the bank readies for privatisation, reports The Guardian. The Financial Times says that May 17th is the deadline for a bidding consortium - made of a "tr
Read moreUK equities are now registering moderate gains and near their best levels of the day, buoyed by another rise in risk appetite which seemed to take its cue from the sharp move lower in the Japanese Yen overnight. Some investors attributed that move in foreign exchange markets to cautious comments ou
Read moreThe UK market opened with moderate gains on Friday morning, after a breakout - overnight - by the Japanese Yen, in its cross against the US dollar, apparently stoked risk appetite in capital markets globally. More important perhaps, that move in FX markets is a reflection of the relative fundamental
Read moreThe Japanese yen has broken through a major psychological barrier against the dollar for the first time in four years, setting the stage for further weakness seen as a boon for the country's exporters and economy. For the past month, the yen had stalled before the 100 threshold and traders said its
Read moreMarket Movers techMARK 2,448.55 +0.44% FTSE 100 6,592.74 +0.14% FTSE 250 14,281.62 +0.62% The FTSE settled in positive territory after a day of mixed data both at home and abroad. Earlier on in the day stocks had slipped after traders were caught somewhat off-guard by the higher-than-expected con
Read moreEmbattled miner Eurasian Natural Resources Corporation was further hit by bad news after two its brokers, Deutsche Bank and Morgan Stanley, resigned from their roles. The news comes two weeks after the Serious Fraud Office launched a criminal investigation into the Kazakhstan- and Africa-focused c
Read more* Morgan Stanley, Deutsche Bank resign as brokers * ENRC says severe weather hits iron ore processing, mining * Copper boosted by ramp up at Frontier mine * Says cost inflation in line with guidance, but debt rises By Clara Ferreira-Marques and Anjuli Davies LONDON,
Read moreCredit checking giant Experian topped the FTSE Thursday after reporting full-year sales growth across all its global markets, particularly in Latin and North America. In the year to end-March, the company saw revenues from continuing activities rise six per cent to 4.7bn dollars, with earnings befor
Read moreLondon traded equities were just barely managing to hold steady come midday despite the much better-than-expected industrial production figures out for the UK and the positive results seen at Thursday´s auction of Spanish sovereign debt. Weighing on sentiment were the 'warning flags' which some obse
Read moreUK stocks have moved slightly into the blue following an ephemeral dip just after the 'opening bell,' with Chinese price data on the front-burner in what is expected to be another 'light' day in terms of economic data releases. Today´s meeting of the Monetary Policy Committee is expected to be a non
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